AdFi
WF

WELLSPRING FINANCIAL ADVISORS, LLC

SEC Registered

One Phone Call. Your Entire Family, Covered.

CLEVELAND, OHhttps://wellspringadvisorsllc.com216-367-0680
Assets Under Management
$5B–$25B
Employees
31
Office Locations
1 office
Total Accounts
2051

About the firm

Wellspring Advisors LLC serves as a dedicated family advisor, working to simplify the complex aspects of clients' financial lives. The firm sees wealth as the foundation for a life well-lived and acts as a single point of connection for families, committed to their success today and for generations to come.

Firm Focus

Client segments reported on the firm's SEC Form ADV — applies to all advisors at the firm.

IndividualsHigh Net WorthState/Municipal

Areas of expertise

Financial PlanningTax PlanningInvestment ManagementFamily GovernanceFamily EducationWealth ManagementMulti-generational WealthFamily Advisory

Services

Financial & Tax Planning, Family Governance & Education, Investment Management, and Be Well Solutions.

Who they serve

Families, including multi-generational families, seeking a dedicated family advisor for their financial and overall wellbeing.

Client segmentClientsAssets managed
Individuals (Non-HNW)21$81M
High Net Worth Individuals118$4.9B
State/Municipal Entities9

0 total clients reported on Form ADV.

Leadership

Michael Thomas Novak
MANAGING DIRECTOR
Laura Ann Capuozzo
CHIEF COMPLIANCE OFFICER
Hedwig Teresa Demsey
DIRECTOR

Office locations

1 office in 1 state
OH
CLEVELANDHQ

Advisors at this firm

7 advisors in the directory

Regulatory & compliance

CRD number
#143112
SEC Number
801-67630
Disciplinary History
No
Fee Model & Minimums
Model: AUM / Flat Fee
Asset tierAnnual rate
First $3,000,0000.75%
Next $2,000,0000.50%
Next $5,000,0000.35%
Next $10,000,0000.25%
Over $20,000,0000.15%

Data as of March 17, 2026 · Source: SEC IAPD & FINRA BrokerCheck

Contact Information

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Editorial disclosure

This profile was compiled and published by AdvisorFinder as editorial content using publicly available information from the SEC's IAPD database and FINRA BrokerCheck. WELLSPRING FINANCIAL ADVISORS, LLC has not reviewed, approved, or endorsed this profile and is not responsible for its accuracy. Regulatory records change over time — always verify the current record directly on the SEC or FINRA websites before making any decision.

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